Fort Worth Scottish Rite Foundation Inc

Analysis

Fort Worth Scottish Rite Foundation Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fort Worth Scottish Rite Foundation Inc reported income of $685k and spending of $215k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $466k to $685k (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fort Worth Scottish Rite Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Pawling Free Library ($685k), Shawnee Mission Education FDN ($685k) and Caswell County Partnership for Children ($685k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.2% of the total. At year end it held assets of $3.4m against liabilities of $4,594, net assets of $3.4m.